Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
Ok, let me change the subject once more please 
I have been thinking about the PON and although I think it's a wonderfull way to show NEM's dedication to equality, it will not attract alot more people to invest in the currency. But don't get me wrong, I am not against PON, and it will certainly ensure a good network!
However, after some brain flexing I have the idea that price stability is the number one goal; the second goal should be to make NEM attractive for merchants. Any currency can only become commonly used once people can actually buy things with it.
And again, to attract merchants you need good stability.
On the other hand, opticalcarrier's ideas are a good encouragement to actively use the currency.
see here: https://bitcointalk.org/index.php?topic=426303.msg4954508#msg4954508
And as utopianfuture has allready pointed out, due to the distribution of NEM there is little concern about POS unfairness like earlier pointed out for NXT.
So, if it were up to me I would rather go with 60% POS and 40% PON or something. This way one can still just set up a network and start forging but people would at least be encouraged not to speculate too much.
So please let's share some thoughts about this
I'm a fan of the hybrid forging ideas being thrown out. While POS may lead to price stability, wouldn't it also be a deterrent to actually spending/using NEM as a currency?
I have been thinking about the PON and although I think it's a wonderfull way to show NEM's dedication to equality, it will not attract alot more people to invest in the currency. But don't get me wrong, I am not against PON, and it will certainly ensure a good network!
However, after some brain flexing I have the idea that price stability is the number one goal; the second goal should be to make NEM attractive for merchants. Any currency can only become commonly used once people can actually buy things with it.
And again, to attract merchants you need good stability.
On the other hand, opticalcarrier's ideas are a good encouragement to actively use the currency.
see here: https://bitcointalk.org/index.php?topic=426303.msg4954508#msg4954508
And as utopianfuture has allready pointed out, due to the distribution of NEM there is little concern about POS unfairness like earlier pointed out for NXT.
So, if it were up to me I would rather go with 60% POS and 40% PON or something. This way one can still just set up a network and start forging but people would at least be encouraged not to speculate too much.
So please let's share some thoughts about this
I don't understand why more attention to PON would attract speculation. Could you elaborate on that ?
Also I think the POS/PON combination is something new and thus would get people to invest and have interest in NEM. I'm still for 60 % PON since I deem supporting the network by running a node is more valuable than merely having coins (regardless which amount).